OPEC + accepts another accelerated oil outlet hike for June Blogging Sole

OPEC + accepts another accelerated oil outlet hike for June

 Blogging Sole

London / Dubai: OPEC + agreed to speed up oil production increases for a second consecutive month, increasing production in June by 411,000 barrels per day, the group announced on Saturday, despite the drop in prices and the expectations of a lower demand. After an online meeting lasting just over an hour, the group of … Read more

OPEC flags increase uncertainty, cuts the global prospects for oil demand for 2025 Blogging Sole

OPEC flags increase uncertainty, cuts the global prospects for oil demand for 2025

 Blogging Sole

The OPEC logo is seen in this illustration taken on October 8, 2023. – Reuters The organization of oil exporting countries (OPEC) slightly reduced its oil demand growth forecasts on Monday, citing the impact of American tariffs on the global economy. The oil cartel led by Saudi Arabia said in its monthly report that it … Read more